Century Casinos Q4 EPS $(0.36), Inline, Sales $143.76M Beat $142.31M Estimate
Portfolio Pulse from Benzinga Newsdesk
Century Casinos (NASDAQ:CNTY) reported Q4 losses of $(0.36) per share, aligning with analyst estimates but marking a 157.14% decrease from the previous year. Quarterly sales reached $143.76M, surpassing the $142.31M estimate and showing a 38.56% increase year-over-year.
March 14, 2024 | 10:03 am
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NEUTRAL IMPACT
Century Casinos reported a significant year-over-year decrease in EPS but exceeded sales estimates, indicating mixed financial health.
The alignment with EPS estimates and the surpassing of sales forecasts suggest a neutral short-term impact on CNTY's stock price. The significant decrease in EPS year-over-year is concerning, but the strong sales growth could offset negative investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100